Poverty Levels

Joe Biden’s Economy

Joe Biden’s economy first year:

Stock Market up to all time high, although it went down this past week, the most since March 2020.

Unemployment dropped 2.5 percent, an all time record, as 6.2 million jobs were created, the most in a first year of a Presidency.

All sectors of the economy saw job gains, and the American Rescue Plan caused unemployment to fall faster than expected.

People had more disposable income in 2021, even taking inflation into account.

Poverty among children fell by 38 percent from 2020 to 2021.

One third fewer people reported they did not have or sometimes did not have enough to eat in December 2021 than in December 2020.

Workers were empowered to take better jobs, as they were able and willing to quit, being able to get higher pay, better benefits, and working conditions.

Applications to start new businesses increased dramatically in 2021.

Clearly, while economic conditions are much better, to the average American, inflation is a nightmare, and the COVID 19 Pandemic is having a deleterious effect on the mood of the American people.

So there is a lot of discontent with the Joe Biden Presidency as many Americans are unhappy at the stress and uncertainty that the Pandemic has caused.

But if clearcut thinking is employed, does anyone think a fifth year of Donald Trump would have produced similar or better economic results?

George W. Bush To Rick Perry: The Potential Further Deterioration Of The American Presidency In The Election Of 2012!

Much has been written about the faults and shortcomings of the George W. Bush Presidency, but we are now faced with another Texas Governor who could, if elected, make us wish for the “good old days” of Bush 43, and certainly for the “very good old days” of Bush 41, and even to wish for a “Bush 45 (Jeb Bush)”!

The Bush family and their supporters are clearly vigorously opposed to a President Rick Perry. Jeb Bush has been indirectly critical of the GOP Presidential field, saying instead of just attacking President Obama, real alternatives to his policies are needed, a swipe at Rick Perry. His son, Jeb Bush, Jr. has formally endorsed Jon Huntsman, and Huntsman met with the elder President Bush at his home in Kennebunkport, Maine, before entering the race. Bad blood has existed between the second President Bush and Perry, who was his Lieutenant Governor and succeeded him when Bush became President in 2001. Karl Rove, adviser to the second Bush, has been vehemently against Perry, as he and the Bush family were when Perry ran in the 2010 GOP primary for another term against Senator Kay Bailey Hutchison.

George W. Bush promoted “compassionate conservatism”, and while that is often ridiculed, in fact, for all its faults, Bush’s administration DID promote a prescription drug plan for seniors, although it was not funded by taxes and has added to the national debt. Bush also was not, and his family are not, supporters of the Tea Party movement, which in many ways, are a reaction against steps taken by Bush in the economic crisis of 2008–2009.

Now we have Rick Perry, who has threatened Ben Bernanke of the Federal Reserve Board, an appointee of Bush. He has had the gall to say Barack Obama does not love America, even though Obama’s record of going after terrorists successfully far outdoes the eight years of Bush and Dick Cheney. Perry has also attacked Social Security, calling it a Ponzi scheme, and is trying to stir younger Americans to rise up against paying the Social Security tax, which effect would be to bring the whole system down and deny senior citizens the safety net that has worked well for 75 years, and is in good shape, even without any modification, for 25 more years, and with some tinkering, will be just fine for the long run!

Under Perry, the number of poor Texans, growth in minimum wage jobs, decline of educational funds and standards, and percentages of people with no health care coverage, has magnified, while under Bush, many of the statistics showed much more positive results. And one cannot just say that the Great Recession beginning in 2008 caused these downturns, as they were occurring all along during the past ten and a half years of Perry’s Governorship!

Perry has also had more people executed, including those on which there was doubt, than under Bush, and he is proud of this, as if that is an accomplishment! And the people around Perry make Bush’s “people” look brilliant by comparison!

The only virtue Perry would bring to the White House would be to make us “appreciate” George W. Bush for the first time, as the further deterioration of the Presidency would be in full swing!